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Premiumization trend boosting growth in food chains like KFC, McDonald’s, and Popeyes: ICICI Securities Report
As competition grows fiercer and consumers dine out more frequently, the trend towards premiumizing food items is fueling the expansion of food chains.An ICICI...
KFC to debut five new saucy nugget flavors and apple pie poppers across US stores from April 1st
KFC, the American fast-food restaurant chain, is set to launch five new flavorful nugget sauces and a dessert option in its US locations, starting...
Chizza fever hits U.S. as KFC announces debut of unique pizza-inspired dish
KFC is adding a zesty twist to its menu with the introduction of the Chizza, a unique pizza-inspired creation. Instead of traditional pizza dough,...
Yum Restaurants India exits Devyani International, sells entire stake for INR 871 Crore
Yum Restaurants India on Wednesday sold its entire 4.4% stake in Devyani International for INR 871 crore through an open market transaction.Devyani International, the...
Devyani International surges 6% amid reports of block deal; Yum Restaurants likely seller
On February 21, Devyani International Ltd, the largest domestic franchisee for Yum Brands (including KFC & Pizza Hut) and the sole franchisee for Costa...
KFC, Pizza Hut operator Sapphire Foods reports biggest quarterly profit drop since 2021 IPO
Sapphire Foods India, the company behind KFC and Pizza Hut eateries, reported its largest quarterly profit drop since going public in 2021. This decline...
Earn points, get free chicken: KFC’s new rewards program hits the US market!
KFC has launched a new initiative dubbed KFC Rewards, aimed at offering points to American customers for each transaction conducted through its app or...
Italian restaurant chain Prezzo to launch takeaway outlets in UK train stations
Prezzo, the Italian restaurant chain, is gearing up to enhance its footprint in the UK. According to the Daily Telegraph, the company is set...
Restaurant kiosk installations surge 43% from 2021 to 2023, reaching 350,000 – projected to double by 2028, reveals RBR Data Services Study
According to a study conducted by RBR Data Services, a division of Datos Insights, a research and consulting firm, the global installations of restaurant...
India’s QSR and soft drink market set for robust growth in 2024, RJ Corp Chairman Ravi Jaipuria anticipates double-digit surge
The growth in the quick service restaurants (QSRs) sector has slowed down, and last year was challenging for soft drinks. The April-June quarter, contributing...
From Burger Singh to Rage Coffee: Top 50 F&B Brands to Watch Out for in 2024
India is celebrated for its vibrant culinary wonders, featuring a diverse range of food and beverage (F&B) experiences in every state. Nevertheless, the Indian...
Sphera Franchise Group expands KFC presence with new restaurant in Buzau, Romania
Sphera Franchise Group, a prominent fast-food chain operator, has announced the launch of a new KFC restaurant in the southeastern city of Buzau, Romania.According...